Is GDP a good measure of economic growth?
Answers
Answered by
0
Answer:
GDP is an accurate indicator of the size of an economy and the GDP growth rate is probably the single best indicator of economic growth, while GDP per capita has a close correlation with the trend in living standards over time.
Similar questions
Math,
1 month ago
Science,
1 month ago
English,
1 month ago
Social Sciences,
2 months ago
Social Sciences,
2 months ago
English,
10 months ago